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Scholars of the Hanbali school, following Imam Ahmad ibn Hanbal’s reliance on this hadith (recorded in Musnad Ahmad and Sahih Muslim , Book 10, Hadith 56), rule that Khiyar al-Majlis is an established right unless the seller says, “I sell this to you on the condition that you have no option to cancel after leaving.” In that case, Jumhur (majority) agrees with the validity of that stipulation, as supported by Hadith 460.

The default ruling is that both buyer and seller can annul the sale verbally until they physically part ways (or, according to the Hanafis, until they verbally conclude). This protects against high-pressure sales tactics.

Umdah al-Ahkam, Vol. 3, Hadith No. 460 is far more than a historical relic. It is a living legal maxim that protects both seller and buyer from ambiguity. Its exclusive focus on the exceptions to the sale session teaches us that Islamic law values both freedom of contract (through stipulated options) and immediate finality (through separation).

In contemporary Islamic finance, is exclusively cited by the International Islamic Fiqh Academy (IIFA) to validate cooling-off periods. Online retailers offering a “7-day return policy” are effectively invoking the “except in the case of a transaction where the right of option is stipulated” exception. The seller and buyer agree in the terms of service to override the default separation rule. Thus, e-commerce transactions via Amazon or eBay are permissible under the framework of this hadith, provided the option is clearly stipulated before the contract’s conclusion.

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